To buy or sell
The market continues to be volatile in December. The down is at its lowest since early 2017. However, as a long term investor and dividend investor in particular it is time to buy at a discount. If you plan to buy an item you have covetect for awhile but the price was still expensive, wouldn't you buy it at a 20% discount? That is th ekind of mind set you need as a long term investor. It is time to buy at a discount during volatility in the market and not pay attention to market gyrations, that pundits tend to over enphasize or create fear amonst the general masses.
Are you buy or selling during the market volatility? Way back in early November I decided to trim the numbers of stocks I own at the time from 80 to 60. I began the journey with some turmoil and daily gyrations at the time. Some I sold turn out to be a good sell highsight 20/20. however, my intentions were not to sell due to market condictions. It was merely to lower the amount of stocks I am currently tracking due to other ventures that requires my attention.
Now lets see some of the activity that has taken place since December 5th in my account. without further ado... let us review the stocks sold first:
December 6, 2018
AGNC 18 shares @ $17.70 total $318.60
December 11, 2018
PAA 10 shares @ $22.32 total $223.25
PFE 3 shares @ $44.08 total $132.26
Decemeber 12, 2018
PCH 8 shares @ $35.18 total $281.45
Totol proceedes $955.56, was all put to work immediatelly on other stocks I wish to keep long term. It may come to a point where I could invision buying some of this stocks again. At the moment however, they do not fit in the fund.
Now let us look at the stocks I purchase or add more shares to:
Decemeber 6, 2018
DIS 3 shares @ $113.32 total $339.96
Decemebr 11, 2018
LEG 10 shares @ $37.64 total $376.40
MAIN 4 shares @ $37.42 total $149.68
December 12, 2018
IRM 14 shares @ $34.27 total $479.78
December 14, 2018
MAIN 6 shares @ $37.45 total $224.69
December 18, 2018
CB 2 shares @ $125.40 total $250.81
I Spend total of $1444.92 adding new shares and start a new position in Iron Mountain (IRM) they operate a highly durable business with consistent cash flow, it engages in the provision of storage and information management solutions. Its businesses operates in from its headquarters in boston to Asia pacific, Europe, Africa, Latin America and Western Europe. It has a range arrays of business serving customer worldwide and protecting their data and mission critical infrastruture.
IRM also just raised its dividend from $0.5875 to $0.611, that is an amazing 4% increase last quarter Ex-Dividend date was December 14, 2018.
What do you think of recent purchases and sale? Are you buying on this market condictions at a discount?
With the resent transactions I added $23.18 in forward yealry dividend, total yearly dividend is now at $1590.76.
What are you buying during the market volatility?
Thanks for visiting
Dividend Pursuit
Disclaimer: Long on all stocks listed, except for AGNC, PCH, PAA and PFE
Disclaimer: I’m not a licensed investment
advisor and not an investment professional. This site is only meant for
educational or entertainment purposes only. I’m not liable for any losses
suffered as a result. Please consult with an investment or tax professional
before investing any of your money.